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Which formula shown is incorrect for the name given?
Sarbanes-Oxley Act
The Sarbanes-Oxley Act is a United States federal law that set new or expanded requirements for all U.S. public company boards, management, and public accounting firms, aiming to protect investors from fraudulent financial reporting.
Securities Regulations
Securities regulations are laws and rules designed to govern the trading, offering, and sale of securities to protect investors and ensure the fair functioning of securities markets.
SEC
Stands for the Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and ensuring fair and efficient markets.
Waiting Period
In securities registration, the period between the time an issuer files a registration statement and prospectus with the SEC requesting to offer a security and the time the offer is approved by the SEC, which is a minimum of 20 days.
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